Earnings Per Share

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Earnings Per Share Text Block

EARNINGS PER SHARE

(dollars in millions, except per share amounts; shares in millions)	2019		2018		2017
Net income attributable to common shareowners	$	5,537	$	5,269	$	4,552
Basic weighted average number of shares outstanding	854.8		800.4		790.0
Stock awards and equity units (share equivalent)	9.1		9.7		9.1
Diluted weighted average number of shares outstanding	863.9		810.1		799.1
Earnings Per Share of Common Stock:
Basic	$	6.48	$	6.58	$	5.76
Diluted	$	6.41	$	6.50	$	5.70

The computation of diluted earnings per share excludes the effect of the potential exercise of stock awards, including stock appreciation rights and stock options, when the average market price of the common stock is lower than the exercise price of the related stock awards during the period because the effect would be anti-dilutive. In addition, the computation of diluted earnings per share excludes the effect of the potential exercise of stock awards when the awards' assumed proceeds exceed the average market price of the common shares during the period. For 2019, 2018 and 2017, there were 8.3 million, 5.1 million and 5.9 million anti-dilutive stock awards excluded from the computation, respectively.